Patented B2B SaaS Solution Raising Funds In Baroda
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Product / Service
It is a B2B SaaS enterprise tech solution. Did you know that every business loses 25% time as employees spend this much time saving, organizing, and managing information? Did you know more than 63% of employees agree they take your business data when they change jobs?
This patented solution helps their user to solve the problem of low attention span due to information overload and prevents people from sharing it with others giving their users greater security. They help their users remove distractions and stay focused on what matters and show them all of their important information from multiple places in one place.
It is an umbrella for 6 functions. It helps with note-taking, file management, Managing tasks/to-dos, calendar, management, video conferencing, and chat collaboration.
Clientele type
Their major clients are from BFSI, pharmaceutical, and Government sectors.
Premises
The premises are leased.
Asking Price Includes
The terms of transaction will be discussed with potential investors.
Asking Price
INR 1.50 Crore
Minimum ticket size
INR 2,500,000 (INR 25.00 Lac)
Reason
The founders are planning to add AI to their solution and set up operations in the USA and Singapore as these are the primary markets for their solution.
Other Details
About the founding team:
Founder-1: He is an alumni of St. Columba’s School, Delhi, and Shri Ram College of Commerce (SRCC), Delhi and he is fond of technology & finding solutions to day-to-day problems using technology with out-of-the-box thinking.
He is a member of TiE Vadodara and connected to multiple TiE chapters globally for more than 11 years and is an Entrepreneur of more than 34 years. He is also a part of BNI, Gesia, Della Leaders Club, and NASSCOM. He has given talks on various platforms such as NASSCOM, Dewang Mehta Foundation, TiE, and BNI and mentors youngsters as well. Articles written by him have been published in various leading journals like Economic Times, Financial Express, Hindustan Times, Inc42, etc. He has been interviewed by IT Voice, Digital First, CXO Herald, CIOL, Voice n Data, TechGraph, Dynamic CIO, YourStory, etc., and was featured on the cover of CIO Review India too. He has created a made-in-India product with two granted US patents.
He is a first-generation entrepreneur, set up 6 businesses to date. He has been running a b2b cement distribution business for the last 28 years for one of the leading brands in the country.
Founder-2: More than 20 years as an IT business leader, helping enterprises identify and implement digital strategy. Key skills include GTM activities, developing business for the international market & securing meaningful partnerships.
- Co-founded a hotel management platform, setting up technology & product development teams. Also, Co-founded a company that provides cloud services, web and enterprise application development, and product go-to-market strategies for businesses in the hospitality, payments, and online gaming sectors.
- Has done one successful startup exit.
- He has a degree in Electronics Engineering, from the University of Mumbai.
Business Tags
₹10 to ₹200 Cr
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